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"I have returned," a triumphant Gen. Douglas MacArthur proclaimed upon wading ashore in The Philippines toward the end of WWII in 1944. If only it could speak, the South Pacific nation's economy would make a similar claim.

The Philippines, which consists of more than 7,100 islands, recorded its strongest growth in more than 40 years. Many smaller southeast Asian nations are seeing economic boomlets at much healthier rates than larger countries like the US, Japan, and even China for all its end of zero-COVID optimism.

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Source Fool.com